FixNFlip
Severna Park, MD 21146

Economic Breakdown

Interest 12%
Origination Fee 3.50%
LTC 90.00%
Purchase Price $185,201.00
Rehab Budget $94,415.00
Lender Fee $6,291.36
Down Payment $27,961.60
Loan Amount $251,654.40
Appraised Value $375,000.00
Sales Price $369,000.00
6% Realtor Fee – $22,140.00
Down Payment – $27,961.60
Loan Amount – $251,654.60
Origination Fee – $6,291.60
8-Months Interest – $20,132.32
PROFIT: $40,820.08
ROI: 75%